Under ContractSingleFamilyResidence

1786 Michael Lane

Pacific Palisades, CA, 90272

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$2,245,000

MLS: 24453729

Beds

3

Baths

2

Sq Ft

1,809

Lot

0.15 ac

Year Built

1977

MLS #

24453729

Days on Market

89

Listed

Oct 16, 2024

Description

Charming Family Home in the Highlands Community of Pacific Palisades. Fall in love with this extensively upgraded and move-in-ready family home, nestled in the tranquil Highlands community of Pacific Palisades. Just a short drive from world-class beaches, dining, and shopping, this property offers the perfect blend of comfort and convenience. Key Features: Bedrooms/Bathrooms: 2 spacious bedrooms and 2 beautifully updated bathrooms, plus a versatile den ideal for a home office or playroom. Open Floor Plan: The functional layout seamlessly connects indoor and outdoor living, perfect for enjoying California's coveted climate. Natural Light: This home is flooded with natural light and boasts stunning hillside views. Vaulted Ceilings: Soaring open beam ceilings add to the airy feel throughout the home. Lot Size: Situated on a generous 6,722 square foot flat lot, offering ample outdoor space. Cozy Backyard: The open floor concept leads to a cozy backyard, ideal for relaxation and entertaining. Fireplaces: Two inviting fireplaces enhance the home's warmth and charm. Storage: Abundant closet space and storage throughout the home. Recent Upgrades:Too many upgrades to list, including new flooring, fresh paint, modern lighting fixtures, new doors, and updated toilets and vanities. Don't miss out on this rare opportunity to own a beautifully upgraded home in a sought-after neighborhood. Schedule your private showing today!

Location

Pacific Palisades, Los Angeles County, CA 90272

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Listed by: Igal Bakshandeh · Rodeo Realty- Brentwood

Payment estimate

$15,895

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $224,500 · Loan: $2,020,500

%
Principal & Interest
$12,414
Property tax (1.25%)
$2,339
Homeowners insurance
$300
Mortgage insurance
$842
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Pacific Palisades home with as little as 3.5% down using an FHA loan — roughly $78,575 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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